They have a magnificent team. These people are always kind and willing to listen to your concerns or issues. Better yet, your assignment is always ready before the time, they usually send you a draft to double-check before they finalize your paper.
Managers use tools like the Break-Even Analysis in both the planning and controlling functions of Management. In this assignment, you’ll practice using the Break-Even formula to help Ryan determine when his business will begin to turn a profit.
Using the information from the Learning Module 2, calculate the break-even point in each of the scenarios. Provide a response to the questions in the conclusion. Be sure to use either Word or Excel and to show your work.
After receiving bad service at the local car wash, Ryan has decided to start VDB Detailing! One of his first decisions when planning his business – he needs to calculate the number of vehicles he will need to detail before breaking even. His uncle has offered to let him use a small section of his shop for only $300 per month. Ryan is going to pay his friend, Gabe, $10/hour to help him. He has estimated his additional expenses and other details to be the following:
Question #1 – How many vehicles does Ryan need to detail each month to break even?
Ryan is now considering leaving his full-time job to grow his business but does not want to lose his salary.
Question #2 – If he decides to pay himself $2000 per month how many cars does he have to detail in a month now to break even? Assume all other figures remain constant from scenario 1.
Are these numbers attainable? Please explain. List two suggestions you could give Ryan that would affect his break even point in a favorable manner, using the Break-Even Formula to justify them.
Responses copied from an internet source, out of the text, or from homework sites earn no credit, as they are a violation of College Academic Integrity Policy.
File formats accepted for this assignment are .doc, .docx, xls, .xlsx, or .pdf only. Be sure to verify your submission has been uploaded!
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more